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CryptoPunk NFT sale highlights the tough reality of the market, as even the biggest collections feel the pinch.
$ETH
🚨 CryptoPunk NFT Sale Signals Ongoing Market Struggles 🚨
A recent sale of a CryptoPunk NFT has drawn attention to the tough state of the NFT market, as an investor took a massive $10 million hit. The sale, which went for 4,000 ETH ($6M), came after the NFT was originally bought for 4,500 ETH ($15.7M) just a year ago.
🔍 What's Happening:
Massive Loss: The drop in ETH’s price from $3,500 to $1,500 played a big part in this loss, even though the sale remains the largest NFT transaction in the past 30 days.
NFT Market Slump: Trading volumes for Ethereum and Polygon NFTs have fallen by over 50% in the last month, with iconic collections like CryptoPunks down 61% from their all-time highs in 2021.
Pudgy Penguins Rising: Amid the market downturn, Pudgy Penguins have bucked the trend, setting a new all-time high and reaching over $72 million in sales during Q1 2025.
This significant sale highlights the volatility and ongoing challenges in the NFT space, where even the most prestigious collections are feeling the pinch. Is this just a phase, or are we witnessing a broader shift in NFT trends?
#CryptoPunks #NFTMarket #Ethereum #NFTNews #Crypto
$ETH
🚨 CryptoPunk NFT Sale Signals Ongoing Market Struggles 🚨
A recent sale of a CryptoPunk NFT has drawn attention to the tough state of the NFT market, as an investor took a massive $10 million hit. The sale, which went for 4,000 ETH ($6M), came after the NFT was originally bought for 4,500 ETH ($15.7M) just a year ago.
🔍 What's Happening:
Massive Loss: The drop in ETH’s price from $3,500 to $1,500 played a big part in this loss, even though the sale remains the largest NFT transaction in the past 30 days.
NFT Market Slump: Trading volumes for Ethereum and Polygon NFTs have fallen by over 50% in the last month, with iconic collections like CryptoPunks down 61% from their all-time highs in 2021.
Pudgy Penguins Rising: Amid the market downturn, Pudgy Penguins have bucked the trend, setting a new all-time high and reaching over $72 million in sales during Q1 2025.
This significant sale highlights the volatility and ongoing challenges in the NFT space, where even the most prestigious collections are feeling the pinch. Is this just a phase, or are we witnessing a broader shift in NFT trends?
#CryptoPunks #NFTMarket #Ethereum #NFTNews #Crypto
OpenSea's Market Share Surges Following Native Token Announcement 🌊📈
OpenSea, a leading NFT marketplace, experienced a dramatic increase in market share, soaring from 25.5% to 71.5% within four weeks. This surge follows the announcement of its native token, SEA, and the launch of its OS2 trading platform. Additionally, the SEC closed its investigation into OpenSea, confirming that NFTs would not be classified as securities. These developments have significantly boosted OpenSea's position in the NFT market, despite an overall decline in NFT sales volume.
Conclusion: OpenSea's strategic initiatives and favorable regulatory outcomes have solidified its dominance in the NFT marketplace, highlighting the importance of innovation and compliance in the rapidly evolving digital asset landscape.
#OpenSea #NFTMarket #CryptoInnovation #DigitalCollectibles
OpenSea, a leading NFT marketplace, experienced a dramatic increase in market share, soaring from 25.5% to 71.5% within four weeks. This surge follows the announcement of its native token, SEA, and the launch of its OS2 trading platform. Additionally, the SEC closed its investigation into OpenSea, confirming that NFTs would not be classified as securities. These developments have significantly boosted OpenSea's position in the NFT market, despite an overall decline in NFT sales volume.
Conclusion: OpenSea's strategic initiatives and favorable regulatory outcomes have solidified its dominance in the NFT marketplace, highlighting the importance of innovation and compliance in the rapidly evolving digital asset landscape.
#OpenSea #NFTMarket #CryptoInnovation #DigitalCollectibles
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Bitcoin Ordinals, NFTs inscribed in satoshis, saw sales volume spike to $1.6 billion in the last three months, with 200,000 unique buyers.
OKEx dominates sales, but Magic Eden emerges as the second largest marketplace.
During the same period, more than 16 million Ordinals were inscribed with 1.2 million unique addresses, resulting in them paying transaction fees of 3,000 BTC.
#nftmarket #bitcoin $BTC
OKEx dominates sales, but Magic Eden emerges as the second largest marketplace.
During the same period, more than 16 million Ordinals were inscribed with 1.2 million unique addresses, resulting in them paying transaction fees of 3,000 BTC.
#nftmarket #bitcoin $BTC
$PENGU /USDT Update:
🔸 Current Price: $0.015345 (-4.42%)
🔸 24H High: $0.016997 | 24H Low: $0.014769
🔸 24H Volume: 4.96B PENGU ($77.78M USDT)
Key Levels:
🟢 Resistance: $0.016128 | $0.016997
🔴 Support: $0.015148 | $0.014769
Market Insights:
PENGU faces bearish pressure but remains above key support.
A rebound could target $0.016128, while a break below $0.014769 may signal further downside.
Trade wisely!
#PenguAnalysis #CryptoTrends #NFTMarket
🔸 Current Price: $0.015345 (-4.42%)
🔸 24H High: $0.016997 | 24H Low: $0.014769
🔸 24H Volume: 4.96B PENGU ($77.78M USDT)
Key Levels:
🟢 Resistance: $0.016128 | $0.016997
🔴 Support: $0.015148 | $0.014769
Market Insights:
PENGU faces bearish pressure but remains above key support.
A rebound could target $0.016128, while a break below $0.014769 may signal further downside.
Trade wisely!
#PenguAnalysis #CryptoTrends #NFTMarket
#OpenSea users have filed a class-action lawsuit claiming that #NFTs purchased on the platform may qualify as unregistered securities.
The lawsuit argues that OpenSea facilitated the sale of NFTs without proper disclosures required by securities laws, potentially misleading buyers about the investment risks involved.
The legal dispute could have significant implications for the NFT market if the court rules that these digital assets are indeed securities, potentially subjecting NFT platforms to more stringent regulations.
#nftmarket #lawsuit #TrendingTopic
The lawsuit argues that OpenSea facilitated the sale of NFTs without proper disclosures required by securities laws, potentially misleading buyers about the investment risks involved.
The legal dispute could have significant implications for the NFT market if the court rules that these digital assets are indeed securities, potentially subjecting NFT platforms to more stringent regulations.
#nftmarket #lawsuit #TrendingTopic
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🚨 Treasure NFT has been suspended! Will it affect the crypto market? 🚨
The suspension of Treasure NFT is a major shock for the crypto community. 😨
Will it also impact other NFT marketplaces? Or is it just a temporary change?
What do you think? 💬👇
#TreasureNFT #NFTNews #CryptoUpdate #Binance #NFTMarket
The suspension of Treasure NFT is a major shock for the crypto community. 😨
Will it also impact other NFT marketplaces? Or is it just a temporary change?
What do you think? 💬👇
#TreasureNFT #NFTNews #CryptoUpdate #Binance #NFTMarket
$RARE
$RARE is gaining attention as trading volume surges. With growing interest in digital collectibles and decentralized creativity, could this be the next breakout? Keep an eye on the charts! #RAREBULLISH #crypto #NFTMarket
$RARE is gaining attention as trading volume surges. With growing interest in digital collectibles and decentralized creativity, could this be the next breakout? Keep an eye on the charts! #RAREBULLISH #crypto #NFTMarket
📈$GMT GMT/USDT Update: Steady Rise with a 26.59% Surge!
The GMT/USDT pair has gained significant momentum, trading at $0.2047, with a strong 26.59% increase over the last 24 hours. Here's a detailed breakdown of its performance and future potential:
---
🔥 Key Metrics
💰 Current Price: $0.2047
🔝 24h High: $0.2145 – Resistance zone to watch for a breakout.
🔻 24h Low: $0.1474 – Strong support during this bullish move.
📊 24h Volume:
1.15B GMT traded
$210.79M USDT in liquidity
---
📊 Technical Analysis
🔄 Trend: Strong upward momentum with GMT breaking key levels.
📍 Support Level: $0.1876 – Immediate support zone to hold gains.
📍 Resistance Level: $0.2145 – A breakout could lead to further highs.
📈 Volume Surge: Significant interest driving upward pressure.
---
💡 Trading Insights
1️⃣ Short-Term Strategy:
Entry Points: Look for pullbacks around $0.18–$0.20 for potential re-entry.
Target Zones: $0.21–$0.22 for short-term gains.
2️⃣ Risk Management:
Use stop-loss orders near $0.18 to safeguard against volatility.
3️⃣ Long-Term Potential:
With increasing volume and interest in the NFT category, GMT could push higher if it sustains above $0.20.
---
💬 Will GMT break above $0.22 and set new highs? Let us know your thoughts and strategies below!
#GMT #CryptoTrading #Binance #BullishMomentum #NFTMarket
The GMT/USDT pair has gained significant momentum, trading at $0.2047, with a strong 26.59% increase over the last 24 hours. Here's a detailed breakdown of its performance and future potential:
---
🔥 Key Metrics
💰 Current Price: $0.2047
🔝 24h High: $0.2145 – Resistance zone to watch for a breakout.
🔻 24h Low: $0.1474 – Strong support during this bullish move.
📊 24h Volume:
1.15B GMT traded
$210.79M USDT in liquidity
---
📊 Technical Analysis
🔄 Trend: Strong upward momentum with GMT breaking key levels.
📍 Support Level: $0.1876 – Immediate support zone to hold gains.
📍 Resistance Level: $0.2145 – A breakout could lead to further highs.
📈 Volume Surge: Significant interest driving upward pressure.
---
💡 Trading Insights
1️⃣ Short-Term Strategy:
Entry Points: Look for pullbacks around $0.18–$0.20 for potential re-entry.
Target Zones: $0.21–$0.22 for short-term gains.
2️⃣ Risk Management:
Use stop-loss orders near $0.18 to safeguard against volatility.
3️⃣ Long-Term Potential:
With increasing volume and interest in the NFT category, GMT could push higher if it sustains above $0.20.
---
💬 Will GMT break above $0.22 and set new highs? Let us know your thoughts and strategies below!
#GMT #CryptoTrading #Binance #BullishMomentum #NFTMarket
🌟 $ME /USDT: Your Next Big Move on Binance! 💎
💰 Price Now: $3.36 (+1.42%)
📈 24h High: $3.50
📉 24h Low: $3.294
🔄 24h Volume: 3.77M ME / 12.81M USDT
📊 Key Trading Levels:
• Depth Snapshot: $3.555 | $3.360 | $3.139
• Moving Averages (MA):
• MA(5): 425K+ ME
• MA(10): 561K+ ME
🔥 Why ME?
• Momentum Alert: Gradual price climb with strong support.
• NFT Buzz: A new entry into the NFT-powered market revolution.
• High Liquidity: Dive into a dynamic market with substantial trade volumes.
💡 Pro Tip: With MA trends signaling strong demand, this could be the perfect time to ride the wave!
🔗 Trade ME/USDT on Binance now and stay ahead of the game!
⚡ #MEUSDT #Binance #cryptotrading #NFTMarket #Write2Earn!
💰 Price Now: $3.36 (+1.42%)
📈 24h High: $3.50
📉 24h Low: $3.294
🔄 24h Volume: 3.77M ME / 12.81M USDT
📊 Key Trading Levels:
• Depth Snapshot: $3.555 | $3.360 | $3.139
• Moving Averages (MA):
• MA(5): 425K+ ME
• MA(10): 561K+ ME
🔥 Why ME?
• Momentum Alert: Gradual price climb with strong support.
• NFT Buzz: A new entry into the NFT-powered market revolution.
• High Liquidity: Dive into a dynamic market with substantial trade volumes.
💡 Pro Tip: With MA trends signaling strong demand, this could be the perfect time to ride the wave!
🔗 Trade ME/USDT on Binance now and stay ahead of the game!
⚡ #MEUSDT #Binance #cryptotrading #NFTMarket #Write2Earn!
$PENGU /USDT Market Analysis – Bearish Slide Intensifies
Current Price: $0.030130
24H High: $0.033099
24H Low: $0.029600
Market Overview:
$PENGU /USDT has declined by 8%, hitting a new 24-hour low at $0.029600. The token continues its downward trajectory, with weak momentum and selling pressure dominating. A key test of the $0.029600 support level could determine the next move.
Key Levels to Watch:
Resistance: $0.031300 → $0.033099
Support: $0.029600 → $0.029042
Trading Strategy:
For Bulls: Watch for signs of reversal near $0.029600. A breakout above $0.031300 could signal a recovery, with $0.033099 as the next target.
For Bears: A break below $0.029600 could accelerate losses, providing short opportunities with a target of $0.029042 or lower.
Stay cautious in this volatile environment, and monitor volume for potential trend shifts.
#PENGU #CryptoSignals #BinanceUpdates #NFTMarket #Write2Earn!
$PENGU
Current Price: $0.030130
24H High: $0.033099
24H Low: $0.029600
Market Overview:
$PENGU /USDT has declined by 8%, hitting a new 24-hour low at $0.029600. The token continues its downward trajectory, with weak momentum and selling pressure dominating. A key test of the $0.029600 support level could determine the next move.
Key Levels to Watch:
Resistance: $0.031300 → $0.033099
Support: $0.029600 → $0.029042
Trading Strategy:
For Bulls: Watch for signs of reversal near $0.029600. A breakout above $0.031300 could signal a recovery, with $0.033099 as the next target.
For Bears: A break below $0.029600 could accelerate losses, providing short opportunities with a target of $0.029042 or lower.
Stay cautious in this volatile environment, and monitor volume for potential trend shifts.
#PENGU #CryptoSignals #BinanceUpdates #NFTMarket #Write2Earn!
$PENGU
$WAXP /USDT:
Price: $0.03178
24h High: $0.03552
24h Low: $0.02457
24h Trading Volume (WAXP): 137.52M
24h Trading Volume (USDT): 4.17M
Key Price Levels:
Resistance/Upper Target: $0.03411
Support/Lower Target: $0.02411
Market Depth (Current):
$0.03365
$0.03211
$0.03178
$0.03011
$0.02811
NFT Market: Strong potential for movement, considering the volatility.
Timestamp: 2025-02-03 01:30 to 2025-02-03 18:00
Stay tuned for any key shifts! #CryptoMoves #NFTMarket #WAXPTrading #MarketWatch
Price: $0.03178
24h High: $0.03552
24h Low: $0.02457
24h Trading Volume (WAXP): 137.52M
24h Trading Volume (USDT): 4.17M
Key Price Levels:
Resistance/Upper Target: $0.03411
Support/Lower Target: $0.02411
Market Depth (Current):
$0.03365
$0.03211
$0.03178
$0.03011
$0.02811
NFT Market: Strong potential for movement, considering the volatility.
Timestamp: 2025-02-03 01:30 to 2025-02-03 18:00
Stay tuned for any key shifts! #CryptoMoves #NFTMarket #WAXPTrading #MarketWatch
🚨 $BLUR /USDT ALERT: NFT Token Surges by +11.49%! 🚨
$BLUR is riding the bullish wave, trading at $0.4279, marking an 11.49% increase in the past 24 hours. This NFT market gainer hit a 24-hour high of $0.4284, breaking out from its recent consolidation zone around $0.3726.
📊 Key Technical Levels to Watch:
Resistance: $0.4300 – Breaking this could open doors for further bullish moves.
Support: $0.4100 – Holding this level is critical to maintain the uptrend momentum.
🔥 Market Momentum:
With a trading volume of 66.81M, the market indicates strong buyer interest. $BLUR 's steady recovery over the past 30 days (+72.18%) shows long-term growth potential, making it a top contender in the NFT ecosystem.
💡 Next Move:
Bullish Scenario: Sustaining above $0.4300 could push $BLUR to test $0.4500+.
Bearish Scenario: A pullback below $0.4100 might lead to a retest of $0.3900 support.
📈 Traders' Tip: With volatility high, position sizing and tight stop-loss levels are crucial. Watch for breakout confirmations!
#Blur #NFTMarket #CryptoUpdates #BinanceTrading #TradingSignals
$BLUR is riding the bullish wave, trading at $0.4279, marking an 11.49% increase in the past 24 hours. This NFT market gainer hit a 24-hour high of $0.4284, breaking out from its recent consolidation zone around $0.3726.
📊 Key Technical Levels to Watch:
Resistance: $0.4300 – Breaking this could open doors for further bullish moves.
Support: $0.4100 – Holding this level is critical to maintain the uptrend momentum.
🔥 Market Momentum:
With a trading volume of 66.81M, the market indicates strong buyer interest. $BLUR 's steady recovery over the past 30 days (+72.18%) shows long-term growth potential, making it a top contender in the NFT ecosystem.
💡 Next Move:
Bullish Scenario: Sustaining above $0.4300 could push $BLUR to test $0.4500+.
Bearish Scenario: A pullback below $0.4100 might lead to a retest of $0.3900 support.
📈 Traders' Tip: With volatility high, position sizing and tight stop-loss levels are crucial. Watch for breakout confirmations!
#Blur #NFTMarket #CryptoUpdates #BinanceTrading #TradingSignals
📊 #CryptoMoves #SUPER #NFTMarket
$SUPER /USDT Update:
🔸 Current Price: $0.9877 (+3.14%)
🔸 24H High: $1.0229 | 24H Low: $0.9567
🔸 24H Volume: 3.08M SUPER ($3.07M USDT)
Key Levels:
🟢 Resistance: $1.0229 | $1.0254
🔴 Support: $0.9746 | $0.9721
Market Insights:
+3.14% uptrend today, maintaining steady growth.
Keep an eye on the $1.0254 resistance for a potential breakout.
Support levels could hold at $0.9746 for a possible retracement.
#SUPER #CryptoAnalysis #NFTMarket
$SUPER /USDT Update:
🔸 Current Price: $0.9877 (+3.14%)
🔸 24H High: $1.0229 | 24H Low: $0.9567
🔸 24H Volume: 3.08M SUPER ($3.07M USDT)
Key Levels:
🟢 Resistance: $1.0229 | $1.0254
🔴 Support: $0.9746 | $0.9721
Market Insights:
+3.14% uptrend today, maintaining steady growth.
Keep an eye on the $1.0254 resistance for a potential breakout.
Support levels could hold at $0.9746 for a possible retracement.
#SUPER #CryptoAnalysis #NFTMarket
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if One day you have this kind of photos videos of others because I paid by asking you to carry out your threats .. sir or is it really the grassy person that you are not Edwige but I am Put away them .. reality all in Egyptian truck like all the rest ..
don't know anymore the False real .. FBI False Good Idea ... thank you yelle and your generation also honored to have made you
#victeam #edwigealouca #NFTMarket #ruancesarbe #celametonnedetoi
don't know anymore the False real .. FBI False Good Idea ... thank you yelle and your generation also honored to have made you
#victeam #edwigealouca #NFTMarket #ruancesarbe #celametonnedetoi
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🚀 $PENGU /USDT Trading Signal – Momentum Gaining Strength!
1️⃣ Entry Zone:
Enter Long at $0.0325 - $0.0328 as PENGU shows signs of a potential breakout.
2️⃣ Stop Loss (SL):
Place SL at $0.0315 to minimize risk exposure.
3️⃣ Take Profit (TP):
TP1: $0.0332 (Immediate resistance)
TP2: $0.0338 (Key breakout target)
TP3: $0.0345 (Extended bullish run)
4️⃣ Technical Analysis:
$PENGU /USDT is consolidating after a recovery from its lows. A breakout above $0.0330 could attract further buying interest.
5️⃣ Risk Management:
Limit your position size to 2-3% of your portfolio and monitor the market for confirmation signals.
#PENGUSignals #CryptoTrading #BinanceFutures #NFTMarket #TradingTips $PENGU
1️⃣ Entry Zone:
Enter Long at $0.0325 - $0.0328 as PENGU shows signs of a potential breakout.
2️⃣ Stop Loss (SL):
Place SL at $0.0315 to minimize risk exposure.
3️⃣ Take Profit (TP):
TP1: $0.0332 (Immediate resistance)
TP2: $0.0338 (Key breakout target)
TP3: $0.0345 (Extended bullish run)
4️⃣ Technical Analysis:
$PENGU /USDT is consolidating after a recovery from its lows. A breakout above $0.0330 could attract further buying interest.
5️⃣ Risk Management:
Limit your position size to 2-3% of your portfolio and monitor the market for confirmation signals.
#PENGUSignals #CryptoTrading #BinanceFutures #NFTMarket #TradingTips $PENGU
📉$ME ME/USDT: NFT Token Faces a -10.99% Pullback
The ME/USDT pair is trading at $3.849, down 10.99%, with bearish sentiment prevailing over the last 24 hours.
---
📊 Key Market Insights
24H High: $4.512
24H Low: $3.730
24H Volume (ME): 18.07M
24H Volume (USDT): 74.02M
---
🛠️ Technical Analysis
1️⃣ Bearish Pressure: ME token hit a high of $4.512 but retraced to $3.849, testing investor confidence.
2️⃣ Support Level: $3.730 is acting as a crucial support zone—will buyers step in to defend it?
3️⃣ Resistance Zone: A recovery to $4.00 is needed to regain positive momentum.
---
💡 NFT Sector Takeaway
As part of the emerging NFT market, ME's price action reflects growing pains in a volatile sector. For long-term holders, this correction could present an accumulation opportunity.
---
💬 Is this a buy-the-dip moment or a sign of caution for NFT-focused tokens? Let’s discuss!
#NFTMarket #CryptoTrading #BinanceUpdates #TradingStrategies #Write2Earn!
The ME/USDT pair is trading at $3.849, down 10.99%, with bearish sentiment prevailing over the last 24 hours.
---
📊 Key Market Insights
24H High: $4.512
24H Low: $3.730
24H Volume (ME): 18.07M
24H Volume (USDT): 74.02M
---
🛠️ Technical Analysis
1️⃣ Bearish Pressure: ME token hit a high of $4.512 but retraced to $3.849, testing investor confidence.
2️⃣ Support Level: $3.730 is acting as a crucial support zone—will buyers step in to defend it?
3️⃣ Resistance Zone: A recovery to $4.00 is needed to regain positive momentum.
---
💡 NFT Sector Takeaway
As part of the emerging NFT market, ME's price action reflects growing pains in a volatile sector. For long-term holders, this correction could present an accumulation opportunity.
---
💬 Is this a buy-the-dip moment or a sign of caution for NFT-focused tokens? Let’s discuss!
#NFTMarket #CryptoTrading #BinanceUpdates #TradingStrategies #Write2Earn!
Monthly NFT sales fall below $400M, marking yearly low
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
Non-fungible tokens (NFTs) sales recorded a $374 million monthly volume in August, continuing a downward trend and recording its lowest monthly sales in 2024. This marks the first time digital collectibles recorded a volume below $400 million this year.
Data from NFT tracker CryptoSlam shows that digital collectibles only had monthly sales of $374 million in August 2024. Unlike its highest monthly record in 2024, which was $1.6 billion in March, NFTs’ current monthly volume represents a 76% drop.
NFT monthly sales volume continues to drop
NFTs had a strong quarter at the start of 2024, with a total sales volume of $4.1 billion. However, digital collectibles could not keep the momentum going, as the volume dropped to $2.24 billion in the second quarter of 2024. This represents a 45% quarter-on-quarter decline.
Despite a surge in weekly sales in the last week of August, NFTs have been unable to break the constant decline that started in April when sales dropped to $1.2 billion. This was followed by an even steeper drop when NFTs’ monthly volumes hit $598 million in May.
In July, NFTs recorded a volume of $427 million. However, despite a lower turnout in monthly sales volumes, July showed an 87% increase in NFT transactions. Data showed that NFT transactions increased from 5.7 million in June to 10.7 million in July.
In August, NFTs had 7.3 million total transactions, representing a 31% drop. However, the average NFT sale’s value increased by 27%, jumping from $39.93 to $50.74. Two days into September, NFT average sales increased to $86.04 per transaction.
$BTC
$ETH
$BNB
#TON #DOGSONBINANCE #BNBChainMemecoins #Write2Earn! #nftmarket
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
Non-fungible tokens (NFTs) sales recorded a $374 million monthly volume in August, continuing a downward trend and recording its lowest monthly sales in 2024. This marks the first time digital collectibles recorded a volume below $400 million this year.
Data from NFT tracker CryptoSlam shows that digital collectibles only had monthly sales of $374 million in August 2024. Unlike its highest monthly record in 2024, which was $1.6 billion in March, NFTs’ current monthly volume represents a 76% drop.
NFT monthly sales volume continues to drop
NFTs had a strong quarter at the start of 2024, with a total sales volume of $4.1 billion. However, digital collectibles could not keep the momentum going, as the volume dropped to $2.24 billion in the second quarter of 2024. This represents a 45% quarter-on-quarter decline.
Despite a surge in weekly sales in the last week of August, NFTs have been unable to break the constant decline that started in April when sales dropped to $1.2 billion. This was followed by an even steeper drop when NFTs’ monthly volumes hit $598 million in May.
In July, NFTs recorded a volume of $427 million. However, despite a lower turnout in monthly sales volumes, July showed an 87% increase in NFT transactions. Data showed that NFT transactions increased from 5.7 million in June to 10.7 million in July.
In August, NFTs had 7.3 million total transactions, representing a 31% drop. However, the average NFT sale’s value increased by 27%, jumping from $39.93 to $50.74. Two days into September, NFT average sales increased to $86.04 per transaction.
$BTC
$ETH
$BNB
#TON #DOGSONBINANCE #BNBChainMemecoins #Write2Earn! #nftmarket
🚀 $ME /USDT: Massive Gains Alert on Binance!
$ME
/USDT is the talk of the market with an incredible +1701.67% price surge in just 24 hours! Here's why traders are flocking to this pair:
Current Price: $5.405
24h High: $8.000
24h Low: $0.300
24h Volume (USDT): 1.09B
Key Levels to Watch
Support: $2.738
Resistance: $8.385
Whether you’re scalping on the 15m chart or riding the wave on the 1D chart, ME/USDT is a must-watch! Volatility is high, so stay sharp and trade strategically.
🔥 Don’t miss this trending gem on Binance!
#CryptoGains #BinanceTrading #NFTMarket #CryptoVolatility #Write2Earn! $ME
$ME
/USDT is the talk of the market with an incredible +1701.67% price surge in just 24 hours! Here's why traders are flocking to this pair:
Current Price: $5.405
24h High: $8.000
24h Low: $0.300
24h Volume (USDT): 1.09B
Key Levels to Watch
Support: $2.738
Resistance: $8.385
Whether you’re scalping on the 15m chart or riding the wave on the 1D chart, ME/USDT is a must-watch! Volatility is high, so stay sharp and trade strategically.
🔥 Don’t miss this trending gem on Binance!
#CryptoGains #BinanceTrading #NFTMarket #CryptoVolatility #Write2Earn! $ME
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